News, page 64

The end of the year is getting closer and closer. The year 2021 was marked by a general recovery process, increased mobility between countries, increased sales and purchases of real estate, the arrival of international investors and a steady decline in rental prices. What will 2022 be like? One thing is clear: the economy and the real estate sector still depend on the general state of the economy. It is also important how the pandemic will behave in the country and the world. DBK INFORMA reports that the real estate market...

Today, as many properties are being bought and sold in Spain as in the years before the recession. The real estate sector is now at a level that has not been seen since the great financial crisis. 1,780 properties are sold daily, which is a historic high since the boom in the real estate market 13 years ago. In September 2021, 53,410 housing purchase and sale transactions were made in Spain. This level has not been reached since April 2008 before the real estate bubble burst and the country entered a global recession. The economic...

In September, the sale and purchase of real estate in Spain reached a level that has not been observed for 161 months. According to data published on Monday by INSEE, 53,410 transactions were concluded in the real estate market, which was the best indicator since April 2008. The pandemic, which paralyzed some purchase decisions that are now being implemented, at the same time generated new demand, as it changed the prevailing stereotypes. An increasing number of families are making decisions in favor of buying a house instead of apartments....

If the pace of property sales and purchases, stimulated by the recovery of market activity after the most difficult months of the pandemic, remains at the current level, the available real estate stocks may not be enough to meet demand in the coming years. The Bank of Spain warns about this in its latest financial stability report and published it a few days ago. Although, it notes that there are no alarm signals or signs of housing revaluation yet, as there is a risk that prices will continue to rise due to an in the cost of labor and...

In the conditions of coming back to normal life and economic recovery, the European real estate market is rebounding. The level of investments reached EUR 208,00,000, that shows an increase of 10% compared to the same period of the previous year. Spain, Great Britain, Germany and the Scandinavian countries are leading in this direction. In particular, in the sector of apartments there was an increase of 20% compared to the data for the same period in 2020. Anna Puigdevalle, Head of FIABCI and CEO of the Association of Real Estate Agents of...

Nowadays, negotiations are underway on the acquisition of 75% of the shares of Via Célere, which is now owned by Vía Célere,by the developer Neinor, led by Borja Garcia-Egotxeaga. This will lead to the birth of the largest national developer. The merger of Neinor with Vía Célere has not yet been completed, as both companies have not determined the final terms. Despite the lack of confidence that a decision will be made, there is unrest in the offices of the main decision makers. All week the phones were not silent from calls and...

Foreign purchases increased by 2.75%, with the British leading in demand for real estate. The recovery in mobility and the increased presence of foreign nationals during the summer have contributed to increased home purchases in the region by international clients. The British remain the main clients for real estate in the community, while in Spain as a whole, the performance of the Germans stands out. Thus, out of 5,189 housing purchase and sale transactions registered from July to September in the region, 17.44%...

Real estate portal Fotocasa has carried out a study entitled “Profitability of Housing in Spain in 2021”. According to Fotocasa Research Director and Spokesperson Maria Matos, “real estate investment has become a haven in the face of the uncertainty caused by the healthcare crisis. Many small individuals decided to invest because they perceive this market as safe after a positive evolution and recovery from the pandemic.” The profitability of housing in Alcorcon stagnates at 5.5%. It is higher than in the Madrid community, where...

The forecast for Europe as a whole rises to 7 trillion euros, according to a report by real estate consultancy Colliers, which says renewal in Spain should focus on housing that is more than 15 years old. More than 130 countries are committed to neutralizing greenhouse gas emissions by 2050. It is a new trend and a sustainable transformation that will entail multi-million-dollar bills, including in Spain, and which the sector is already starting to count. “The European Real Estate Fund will have to be renewed over the...

The UCI (Unión de Créditos Inmobiliarios) (an organization specialized in sustainable housing finance) recently brought together 27 CEOS and top managers from major real estate chains in Spain to discuss all the variables affecting the property market. Discussion occurred at the 1st Inmociónate Residential Forum, a meeting held as part of Inmociónate 2021 and aimed at professionals in the sector. The forum also featured a debate moderated by José Manuel Fernández, UCI deputy director general. Participants expressed their expectations...